Current Attempt in Progress

You know that the return of Wildhorse Cyclicals' common shares is $1\mathrm{.}10$ times as sensitive to macroeconomic

information as the return of the market. If the risk$-$free rate of return is $4\mathrm{.}60$ percent today and market risk premium

is $5\mathrm{.}71$ percent, what is Wildhorse Cyclicals' cost of common equity capital? $($Round intermediate calculation to $4$

decimal places, e$.$g$.1\mathrm{.}25140$ and final answer to $2$ decimal places, e$.$g$.15\mathrm{.}25\%.)$

Cost of common equity capital